Any Big Technology Breakthroughs yet in Corporate Payments?

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New research from Mercator Advisory Group says that corporate payments technology is improving but mature fintechs remain at the forefront of capabilities.

Corporate payments technology is in the midst of truly unprecedented change, with cloud-based digital solutions, real-time rails, new business models, better network connectivity, and advanced technology being utilized and tested on an ongoing basis.

So much has been written about fintech and payments during the past couple of years. It might be best to take a pause and see what is really “emerging” and what is instead the natural progression of digital solutions across the corporate payments/payables space. We have all heard of blockchain and APIs, but where are they in play for corporate payments?

In a new ForeSight report, Emerging Technology in Corporate Payments: Faster Strides but Legacy Providers Remain the Leaders, Mercator Advisory Group reviews the corporate payments landscape and discusses both startup venture capital-based solutions as well as the more mature fintech providers and bank solutions with a view toward what can be expected to have a real impact during the next several years.

Download this complimentary ForeSight report for free.

"Corporate payments technology is in the midst of truly unprecedented change, with cloud-based digital solutions, real-time rails, new business models, better network connectivity, and advanced technology being utilized and tested on an ongoing basis,” commented Steve Murphy, Director of Mercator Advisory Group’s Commercial and Enterprise Payments Advisory Service, author of the report. “Some of the startup solutions are interesting small business plays, but the more complicated corporate solutions, while creating excitement, incremental improvements, and better ways of doing business, are not yet necessarily transformational breakthroughs in the way corporates do business.”

Highlights of the ForeSight report include:

  • A review of relevant solutions receiving VC funding
  • Discussion around hype versus reality
  • Categorical roundup of solutions across the corporate payments space

The report is 9 pages long and contains 2 exhibits.

Companies entioned the report include: ACI, ACOM, Amex, AvidXchange, Bora, Bottomline, CGI, CSI Vcard, Comdata, Corcentric, D&H, Dovetail, Earthport, FIS, Fiserv, Intellect Design Arena, Mastercard, Mineral Tree, Misys, PayCommerce, Ripple, SWIFT, Tipalti, Visa, WEX

Members of Mercator Advisory Group's Commercial and Enterprise Payments Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access, and other membership benefits.

Please visit us online at http://www.mercatoradvisorygroup.com.

For more information and media inquiries, please call Mercator Advisory Group's main line: 1-781-419-1700, send email to media(at)mercatoradvisorygroup(dot)com.

Follow us on Twitter @ http://twitter.com/MercatorAdvisor.

About Mercator Advisory Group
Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.

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Karen Yetter
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